Archive for March 2005

Entrepreneurial Friendly Communities

Barry Moltz: “Another installment of the VC Radio show that I host where we talk about building entrepreneurial friendly communities. I talk with Tom Walker of i2e and Trish Costello of The Kauffman Foundation.”

 

How Much Money Do You Need To Start A Business?

Entrepreneur: Whether your start-up costs total $5,000 or $500,000, you’ll need solid numbers. The challenge is finding information that’s credible and reliable. The good news: You can get hard data, plus valuable insight, from a variety of sources. Here are eight places to explore: People in the business Sources of supplies Trade associations SCORE. The [...]

 

Parent Trap

Entrepreneur: An entrepreneur who hires a parent is often looking to tap the older person’s skills and expertise. “They’re usually being brought in for some specific competency they have,” says Andrew D. Keyt, executive director of the Family Business Center at Loyola University Chicago. Frequently, however, a parent who has retired from a working career [...]

 

Tax IDs and Resale Certificates

Business Week: Your first order of business: applying for a federal tax identification number for your company. Strictly speaking, if you’re going to establish as a sole proprietor or LLC, you don’t have to get a federal tax ID, says Alan E. Weiner, a CPA at Holtz Rubenstein Reminick in Melville, N.Y. But “you should [...]

 

Is Your Small Business Idea Any Good?

SmartMoney: So how do you know if your idea will fly? Research, research, research. Here are a few tips on how to get started. If you’ve got a lousy idea on your hands, who’s more likely to tell it to you straight than your family? (Siblings in particular can be a reliable source for brutally [...]

 

How to Raise Money for a Startup Business

Small Biz Advisor: The task of raising money for a business is not as difficult as most people seem to think. This is especially true when you have an idea that can make you and your backers rich. Actually, there’s more money available for new business ventures than there are good business ideas. … As [...]

 

Franchising Is Big

South Florida Sun-Sentinel: “Nationally, 760,000 franchises generate jobs for more than 18 million people or nearly 14 percent of the private sector.”

 

Systems Thinkers

Entrepreneur: “It’s my position that all successful entrepreneurs possess one fundamental ability, one fundamental quality, one fundamental skill, one fundamental interest, without which they would never be successful: Entrepreneurs possess the ability to perceive the world as a system. Without a doubt, every entrepreneur worth his or her salt is a ‘systems thinker.’ They could [...]

 

Engendering Female Entrepreneurs Engendering Female Entrepreneurs

Business Week: In her book The New Female Entrepreneur, co-authored with William Walstad, a University of Nebraska-Lincoln economics professor, Kourilsky examines how a collective of parents, educators, and the media on the whole offer a more male-centric view of entrepreneurship, leaving women unprepared for the challenges and potential rewards of owning their own businesses. BusinessWeek [...]